Market Resilience: Wayfair Inc (W) Finishes Strong at 56.32, Up 0.90

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Wayfair Inc (NYSE: W) closed the day trading at $56.32 up 0.90% from the previous closing price of $55.82. In other words, the price has increased by $0.90 from its previous closing price. On the day, 3.84 million shares were traded. W stock price reached its highest trading level at $56.915 during the session, while it also had its lowest trading level at $54.9773.

Ratios:

For a better understanding of W, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 73.98. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 0.83.

BofA Securities Downgraded its Buy to Neutral on August 01, 2024, whereas the target price for the stock was revised from $85 to $58.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 03 ’24 when Tan Fiona sold 10,179 shares for $52.15 per share. The transaction valued at 530,855 led to the insider holds 74,476 shares of the business.

Blotner Jon sold 6,139 shares of W for $320,149 on Oct 03 ’24. The Chief Commercial Officer now owns 56,678 shares after completing the transaction at $52.15 per share. On Oct 03 ’24, another insider, Netzer Thomas, who serves as the Chief Operating Officer of the company, sold 8,555 shares for $52.15 each. As a result, the insider received 446,180 and left with 170,625 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, W now has a Market Capitalization of 6891822080 and an Enterprise Value of 9717526528. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58. Its current Enterprise Value per Revenue stands at 0.816 whereas that against EBITDA is -25.572.

Stock Price History:

Over the past 52 weeks, W has reached a high of $76.18, while it has fallen to a 52-week low of $38.02. The 50-Day Moving Average of the stock is 19.72%, while the 200-Day Moving Average is calculated to be 2.32%.

Shares Statistics:

Over the past 3-months, W traded about 4.35M shares per day on average, while over the past 10 days, W traded about 4091670 shares per day. A total of 92.46M shares are outstanding, with a floating share count of 88.90M. Insiders hold about 28.00% of the company’s shares, while institutions hold 89.55% stake in the company. Shares short for W as of 1726185600 were 20988905 with a Short Ratio of 4.83, compared to 1723680000 on 20287112. Therefore, it implies a Short% of Shares Outstanding of 20988905 and a Short% of Float of 30.34.

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